BB and T bank has 8-month CD at 5.15% APR

Just thought I'd post this, that is a fair rate, thousand dollar minimum is not bad either (some are 10k lol).

A little over 5 percent apr, for 8 months, in a locked CD.

Be aware that when it matures, you have 10 days in which you likely need to do something with it or it will 'roll' over and this being an introductory rate, you're likely to get a much lower rate if you don't pull it out.

CD's are for young kids and old folks.....they are not a wise "investment" option for "real" people wanting to make "real" investments. MUTUAL FUNDS is where you want to be. But even on a CD, Interest rates will continue to rise, no way I'd tie up any amount of cash one for more than 3 months right now.....if you do, esp for 8-12 months you'll regret it in 6 when rates are even higher.......don't believe me, then come back in 8-12 months and call me on it f I'm wrong

CD's are for young kids and old folks.....they are not a wise "investment" option for "real" people wanting to make "real" investments. MUTUAL FUNDS is where you want to be. But even on a CD, Interest rates will continue to rise, no way I'd tie up any amount of cash one for more than 3 months right now.....if you do, esp for 8-12 months you'll regret it in 6 when rates are even higher.......don't believe me, then come back in 8-12 months and call me on it f I'm wrong

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Mike, remember those mortgage rates at 15%-18% I believe we heading in that direction again, faster than most realize
There's some real good small and mid cap emerging market funds right now.

CD's are for young kids and old folks.....they are not a wise "investment" option for "real" people wanting to make "real" investments. MUTUAL FUNDS is where you want to be. But even on a CD, Interest rates will continue to rise, no way I'd tie up any amount of cash one for more than 3 months right now.....if you do, esp for 8-12 months you'll regret it in 6 when rates are even higher.......don't believe me, then come back in 8-12 months and call me on it f I'm wrong

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You've built too good a reputation on this site to say something like this. Take it back or I won't read you're post anymore...hahaha.

CD's are for young kids and old folks.....they are not a wise "investment" option for "real" people wanting to make "real" investments. MUTUAL FUNDS is where you want to be. But even on a CD, Interest rates will continue to rise, no way I'd tie up any amount of cash one for more than 3 months right now.....if you do, esp for 8-12 months you'll regret it in 6 when rates are even higher.......don't believe me, then come back in 8-12 months and call me on it f I'm wrong

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I agree, CD's are a pita for more than one reason, you want to invest only small amounts and for short time frames. Then you have to watch the maturity date, you need to get it out of there or it will turn over at some bs rate.

I dropped 2 grand and will be watching other venues as I have several more thousand needing an interest-bearing home, the reason for these minor investments is to give my business account holdings something to do before winter, I hate to have a lot of money sitting in an account doing nothing.

So, I get a few dollars out of it, probably 75 bucks or so in 8 months, compared to zip if it sits in the business account, I'm also looking into Money Market accounts.

As for much higher rates, I'm leery of gambling with stocks, the higher the rate, the higher the risk, me no like risk.